Functions & Formulae

Each applied formula has its own function page, with a signature, implementations, and tests.

Equivalence-gated least-cost selection function

m(C_j,G) = j*

Selects the lowest-cost feasible healthcare alternative only when reliable evidence shows that all decision-relevant outcomes do not differ meaningfully.

  • Conditional least-cost selection

    j* = argmin_(j in J) C_j, conditional on G = 1

    Identifies the alternative with the lowest total relevant cost after the evidence-equivalence condition has been satisfied.

Cost-Minimisation Analysis — Functions & Formulae | HealthEconomics.wiki